Gamuda shares rise at mid-morning after positive 1Q25

Quick Summary:

KUALA LUMPUR: Gamuda Bhd's shares gained momentum during the early trading session today following the announcement of positive financial results for the first quarter of its 2025 financial year (1Q FY2025).

At 11 am, Gamuda shares rose 15 sen to RM9.75 per share with 1.53 million shares traded.

The bank also views Gamuda’s differentiated approach to data centres as a “low risk, high reward” venture, with the potential for long-term contract streams.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaVietnam

Topics: Construction Property Gamuda /Business/Business News Engineering Stock on the Move

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 11:50:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 15 lines

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Copyright Owner: © The Star

News ID: 24390885

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